Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,500 shares, a decrease of 88.9% from the March 31st total of 13,500 shares. Based on an average daily volume of 35,200 shares, the days-to-cover ratio is presently 0.0 days.
Wesfarmers Price Performance
OTCMKTS:WFAFY opened at $21.07 on Friday. Wesfarmers has a 1 year low of $15.14 and a 1 year high of $23.03. The business has a fifty day moving average of $21.59 and a 200-day moving average of $19.20.
Wesfarmers Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Tuesday, February 27th were issued a $0.2601 dividend. The ex-dividend date was Monday, February 26th. Wesfarmers’s dividend payout ratio (DPR) is 37.01%.
About Wesfarmers
Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores.
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